Carnival Corporation $CCL Shares Sold by Deltec Asset Management LLC

Deltec Asset Management LLC lowered its stake in shares of Carnival Corporation (NYSE:CCL) by 31.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 586,460 shares of the company’s stock after selling 272,128 shares during the quarter. Carnival accounts for 2.8% of Deltec Asset Management LLC’s investment portfolio, making the stock its 9th largest holding. Deltec Asset Management LLC owned 0.05% of Carnival worth $16,955,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Evolution Wealth Management Inc. bought a new stake in Carnival during the second quarter valued at $25,000. Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of Carnival in the 2nd quarter valued at about $28,000. Farmers & Merchants Investments Inc. raised its holdings in shares of Carnival by 140.6% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 1,516 shares of the company’s stock valued at $44,000 after acquiring an additional 886 shares in the last quarter. Whipplewood Advisors LLC boosted its position in shares of Carnival by 301.0% during the 2nd quarter. Whipplewood Advisors LLC now owns 1,560 shares of the company’s stock valued at $44,000 after acquiring an additional 1,171 shares during the last quarter. Finally, True Wealth Design LLC grew its holdings in shares of Carnival by 193.4% during the third quarter. True Wealth Design LLC now owns 2,030 shares of the company’s stock worth $59,000 after purchasing an additional 1,338 shares in the last quarter. 67.19% of the stock is owned by institutional investors.

Carnival Stock Performance

NYSE CCL opened at $32.14 on Friday. The company has a 50-day simple moving average of $28.02 and a two-hundred day simple moving average of $29.12. Carnival Corporation has a 12-month low of $15.07 and a 12-month high of $32.89. The firm has a market cap of $37.52 billion, a price-to-earnings ratio of 16.07, a PEG ratio of 1.17 and a beta of 2.51. The company has a quick ratio of 0.28, a current ratio of 0.32 and a debt-to-equity ratio of 1.96.

Carnival (NYSE:CCL) last released its quarterly earnings data on Friday, December 19th. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.02). Carnival had a return on equity of 28.39% and a net margin of 10.37%.The company had revenue of $6.33 billion during the quarter, compared to analysts’ expectations of $6.38 billion. During the same quarter in the prior year, the firm posted $0.14 EPS. The firm’s quarterly revenue was up 6.6% on a year-over-year basis. Carnival has set its Q1 2026 guidance at 0.170-0.170 EPS and its FY 2026 guidance at 2.480-2.48 EPS. On average, equities analysts forecast that Carnival Corporation will post 1.77 EPS for the current year.

Carnival Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be given a $0.15 dividend. The ex-dividend date is Friday, February 13th. This represents a $0.60 annualized dividend and a yield of 1.9%.

Analysts Set New Price Targets

CCL has been the topic of a number of recent analyst reports. Argus reaffirmed a “buy” rating and issued a $35.00 target price on shares of Carnival in a research note on Monday, December 22nd. Mizuho increased their price target on shares of Carnival from $37.00 to $38.00 and gave the stock an “outperform” rating in a report on Monday, December 22nd. Truist Financial set a $31.00 price objective on shares of Carnival in a report on Monday, December 22nd. Stifel Nicolaus upped their target price on shares of Carnival from $38.00 to $40.00 and gave the stock a “buy” rating in a research report on Monday, December 22nd. Finally, UBS Group raised their price target on Carnival from $35.00 to $37.00 and gave the company a “buy” rating in a research report on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $34.43.

About Carnival

Carnival Corporation (NYSE: CCL) is a global cruise operator that provides leisure travel services through a portfolio of passenger cruise brands. The company’s core business is operating cruise ships that offer multi-night voyages and associated vacation services, including onboard accommodations, dining, entertainment, spa and wellness offerings, casinos, youth programs, and organized shore excursions. Carnival markets cruise vacations to a broad range of consumers, from value-focused travelers to premium and luxury segments, through differentiated brand positioning and onboard experiences.

Its operating structure comprises multiple well-known cruise brands that target distinct geographic and demographic markets.